Market revenue in 2023 | USD 23.5 million |
Market revenue in 2030 | USD 755.1 million |
Growth rate | 64.2% (CAGR from 2023 to 2030) |
Largest segment | Bitcoin |
Fastest growing segment | Bitcoin |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Bitcoin, Ethereum, Litecoin, Dogecoin |
Key market players worldwide | Bitcoin Depot Inc Ordinary Shares - Class A, Bitfarms Ltd, Lamassu Bitcoin Ventures, General Bytes, Coinme, CoinSource, Bitstop, Cryptomat |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to crypto atm market will help companies and investors design strategic landscapes.
Bitcoin was the largest segment with a revenue share of 31.49% in 2023. Horizon Databook has segmented the Europe crypto atm market based on bitcoin, ethereum, litecoin, dogecoin covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for crypto ATMs is expected to grow rapidly across Europe in line with the current emphasis by the government on enhancing cryptocurrency-related activities. In April 2021, Germany passed a new law that allowed 4,000 institutional investment funds to invest in cryptocurrencies.
Leading market players in the region are making efforts to enhance their crypto ATMs by strengthening their compliance in the crypto industry. For instance, in December 2020, Spot9 GmbH, a Bitcoin ATM provider, announced leveraging Coinfirm’s AML platform for blockchain and cryptocurrency to increase transparency and strengthen its compliance in the crypto industry.
The increasing cryptocurrency trading in Germany is also expected to boost the market growth as cryptocurrency trading certificates are gaining popularity among young traders in Germany. According to Deutsche Borse Group, a capital market company, cryptocurrency certificates topped the list of the most traded products on the Frankfurt Certificate Exchange (FCE) in 2021.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe crypto atm market , including forecasts for subscribers. This continent databook contains high-level insights into Europe crypto atm market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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